Harley-Davidson Inc (HOG) Stock Revs Up on Tesla Rumors

Harley-Davidson Inc (NYSE:HOG) shares were higher as rumors swirled regarding a partnership with Tesla Inc (NASDAQ:TSLA).

Harley-Davidson Inc (HOG)

Not much is known about the deal as no details have emerged so far, but it is believed the two automakers are working on something that could have a significant impact on the industry. An electric Model M motorcycle from Tesla has yet to make it past the early stages of development, so perhaps Harley-Davidson will offer the electric car maker some assistance on how to build a top-quality bike.

Here’s what Twitter had to say on the matter:

Harley-Davidson Inc (HOG)

 

Harley-Davidson Inc (HOG)

 

TSLA stock fell 3.1%, while HOG shares soared 2.9%.


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